2 months on rocket

8727 Thomas Dr Unit C13, Panama City, FL, 32408

$426,000

Home List Price

$5,059*

Closing Credit

2 Bedrooms
2 Full Baths
1,086 SqFt
$392/SqFt
Condo

Location

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8727 Thomas Dr Unit C13, Panama City$426,000

Buyer Closing Credits

$5,059*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Parking Lot
Year Built1974
HeatingCentral, ENERGY STAR Qualified Equipment
CoolingCentral Air, ENERGY STAR Qualified Equipment
WaterfrontGulf, Sandy Shoreline, Waterfront
ViewGulf
MLS #763153
StatusActive

About 8727 Thomas Dr Unit C13

42 STEPS to the BEACH... You simply can't get closer to the sand than this!!!When it comes to a truly PERFECT condo, there are three key features that simply can't be denied: (1) Distance to the Beach, (2) Location, and (3) Price.SUGAR WHITE SANDS - When it comes to distance to the beach, there is not another condo on the market this close to the sand. This amazing ground floor condo is as close to the Gulf as you can possibly get - only 12 feet away! No steps, no elevators, no nonsense... simply walk out the new hurricane sliders and you are relaxing on the beach before the comps can even push their elevator button!LOCATION, LOCATION, LOCATION - Sugar Beach is one of the most unique complexes on the beach. Situated on the historic Thomas Drive, this peaceful Gulf Front community allows you to park at your door, it enjoys one of the largest courtyard/greenspaces in all of PCB, and it is literally seconds away from all the best attractions PCB has to offer (dining, amusement rides, mini golf, bars, live music, and the list goes on). The East end of the beach is one of the most highly sought after locations in town, and with the new Tootsies Beach Bar/Restaurant soon to be opening 2 doors down, it's safe to say that this location simply can't be beat! SHOW ME THE MONEY - Price is always going to play a factor in the decision on what condo is right for you, and this condo has everything to help make that decision easier. It is one of the lowest priced units in town, has some of the lowest HOA's on the beach, and offers a 7%+ return on investment (based on neighbor's actual rental #'s).Add to the fact that it has a new HVAC (2021), has brand new Hurricane Doors and windows ($40k in 2024), and has many updates throughout, and you can rest assured knowing that all the big ticket items have already been taken care of for you. And when you consider that Sugar Beach is one of the only pet friendly complexes on the beach (giving you a competitive rental advantage), it is easy to see how this one truly is different than the rest!Check out all the other comps, then come see this incredible condo. At this price and with this unbelievable location, one look and your Latitude and Attitude will forever be changed!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 1974
  • Living Area: 1,086 SqFt

Listing Office:

  • Office Name: Beachy Beach Real Estate

Interior Features

Interior Information:

  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Oven, Disposal, Refrigerator
  • Interior: Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline, Waterfront
  • View: Gulf
  • Exterior: Built-in Barbecue, Balcony, Patio

Parking Information:

  • Parking: Additional Parking, Parking Lot

Lot Features

Lot Information:

  • Lot: Landscaped, Waterfront

Utilities

Utilities Information:

  • Heating: Central, ENERGY STAR Qualified Equipment
  • Cooling: Central Air, ENERGY STAR Qualified Equipment

Other

Directions Information:

  • Directions: Traveling East on Thomas Dr, turn right on Joan Avenue at the stoplight. The gated entrance to Sugar Beach will be immediately on the right. Enter the gate code at the keypad, pull in to the complex and turn right. Follow the perimeter around to the backside of the complex. Unit #C13 will be on the ground floor in the middle of the ocean front building - at the very end of the parking lot

Price Information

Listing Price Info

Price Summary:

  • List Price: $426,000
  • Price Per SqFt: $392/SqFt

HOA Fees:

  • Amount: $2252
  • Frequency: Quarterly
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

8727 Thomas Dr Unit C13 vs Panama City

87 DAYS ON ROCKET

+8 Days

$426,000

+$86.7K More

$392/SqFt

+$191 More

KEY TAKEAWAY

This property is $86.7K more than the Median Sold Price and $191/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #763153

Listing Office:

  • Office Name: Beachy Beach Real Estate

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 9:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1174583
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.61 miles

  • Public District Grades KG-5

school-card-donut-1174584
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.53 miles

  • Public District Grades KG-5

school-card-donut-1174585
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 5.13 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,561. Most Panama City, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8727 Thomas Dr Unit C13

What is the listing price of this property?

The listing price of 8727 Thomas Dr Unit C13 property is $426,000.

What type of property is this?

The property 8727 Thomas Dr Unit C13 is a condo located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 8727 Thomas Dr Unit C13 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8727 Thomas Dr Unit C13 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8727 Thomas Dr Unit C13 is 1,086 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8727 Thomas Dr Unit C13 is 1974.

Rocket HomesFloridaBay CountyPanama City324088727 Thomas Dr Unit C13

This home is located at 8727 Thomas Dr Unit C13 in Panama City, FL and zip code 32408. This 1,086 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $426,000.

Panama City, FL housing market in November 2024 saw over 13 listings sold above listed price, more than 33 sold at listed price and over 120 sold below. The number of listings in Panama City, FL decreased by 3.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $339,223, while the average time on the real estate market was 79 days.

From Rocket Homes Real Estate and based on county public records data.

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